Darwinex

Darwinex, in operation since 2012 and located in the UK, is a technology provider that enables traders direct market access to over 300 assets. Their prime service remains in asset management, allowing traders to invest in thousands of strategies, while also being able to legally gain access to trading capital for a 15% performance fee. An algorithmic risk manager system classifies distinct strategies, each of which is called a DARWIN; the DARWINs are traded in the same manner as any other assets. Every month, Darwinex invests €6 million of its funds into 80 DARWINs (those with the highest returns), for a duration of up to six months. Its prime brokers are Saxo Bank and LMAX, and Darwinex grants a secure trading environment. Overall, the business model is rather new, as evidenced by just over 3,000 traders from over 80 countries. Darwinex paid out over $2.8 million in performance fees and has a promising approach to significantly increase its market share.